Bills · HR 782
IN COMMITTEE· 119TH CONGRESS
House BillHR 782Taxation
Reignite Hope Act of 2025
INTRO JAN 28· LAST ACTION JAN 28
READING
7MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it could significantly change the financial landscape for many American families and critical workers. For essential workers in specific economically challenged areas, the $3,500 tax credit offers a direct financial incentive, potentially encouraging more people to work in these vital roles and regions. For families, the expanded and permanent Child Tax Credit could provide substantial financial relief, helping to cover childcare costs, reduce household expenses, and potentially lift many children out of poverty.
If this bill becomes law, the enhanced Child Tax Credit would become a stable, long-term part of the tax code, offering predictability and ongoing support to families. This contrasts with past temporary expansions, providing a more consistent safety net. If the bill does not pass, the Child Tax Credit would remain under existing rules, which generally offer a smaller credit and are less accessible to the lowest-income families, leaving many without the increased support this bill proposes.
KEY PROVISIONS
5AI-extractedPROVISION 01
Establishes a temporary $3,500 tax credit for 'critical employees' (e.g., healthcare professionals, law enforcement, firefighters, childcare providers) who work full-time for at least 75% of the year in 'qualified opportunity zones'.
Provides a direct financial incentive for essential workers in economically distressed areas, potentially encouraging workforce retention and development in those communities.
PROVISION 02
Increases the Child Tax Credit to $3,500 per qualifying child, with an additional $1,000 ($4,500 total) for children under age 6, and adds a temporary $500 credit for other qualifying dependents.
Provides significantly more financial support to families with children, particularly those with younger children, which can help cover rising costs.
PROVISION 03
Permanently extends the modified Child Tax Credit rules, including increased amounts and changes to refundability, removing expiration dates from previous versions.
Ensures the enhanced financial support for families with children is a long-term feature of the tax code, providing stability and predictability for family budgeting.
PROVISION 04
Modifies the income phase-out thresholds for the Child Tax Credit to $400,000 for joint filers and $200,000 for others.
Determines which higher-income families will have their Child Tax Credit reduced, focusing benefits on middle and lower-income households.
PROVISION 05
Changes the calculation for the refundable portion of the Child Tax Credit, allowing more of the credit to be received by lower-income families even if they don't owe much in taxes.
Makes the credit more accessible and beneficial to low-income families, potentially reducing child poverty and improving financial security for those most in need.
SPONSORSHIP
1 + 1
R· Michigan
YRS IN OFFICE
3
BILLS LED
26
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 1 IND 0
ACTION TIMELINE
2 EVENTSJAN 28
Introduced in House
JAN 28
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 782
Congress119th
StatusIn Committee
IntroducedJan 28, 2025
Last actionJan 28, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED JAN 28, 2025
House BillHR 782Taxation
Reignite Hope Act of 2025
INTRODUCED JAN 28, 2025· LAST ACTION JAN 28, 2025
PASSAGE CHANCES
—%
READING
7 min
COSPONSORS
1
COMPLEXITY
Moderate
